Philip Morris International Inc. (PM): Today's Featured Tobacco Winner
(
) pushed the Tobacco industry higher today making it today's featured tobacco winner. The industry as a whole closed the day up 1.7%. By the end of trading, Philip Morris International rose $1.06 (1.2%) to $88.57 on average volume. Throughout the day, 4,244,155 shares of Philip Morris International exchanged hands as compared to its average daily volume of 5,232,300 shares. The stock ranged in a price between $87.78-$89.12 after having opened the day at $88.01 as compared to the previous trading day's close of $87.51. Other companies within the Tobacco industry that increased today were:
(
), up 3.1% and
(
), up 2.5%.
Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes and other tobacco products. Philip Morris International has a market cap of $143.5 billion and is part of the consumer goods sector. Shares are up 4.6% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Philip Morris International a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates Philip Morris International as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and weak operating cash flow.
- You can view the full Philip Morris International Ratings Report.
- Use our tobacco section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the tobacco industry could consider
PowerShares Dynamic Food & Beverage
(
) while those bearish on the tobacco industry could consider
PowerShares DB Agriculture Sht ETN
(
ADZ
).
- Find other investment ideas from our top rated ETFs lists.
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